MKJC

MKJC — Mailung Khola Jal Vidhyut Company Limited technical analysis

Mailung Khola Jal Vidhyut Company Limited (MKJC) is a Hydro Power-sector stock on the Nepal Stock Exchange (NEPSE). In the latest trading session it last traded at Rs. 453.00, down -4.00 (-0.88%) from the previous close of Rs. 457.00, ranging between Rs. 450.10 and Rs. 460.80 on the day on a traded volume of 6,876 shares.

Technical outlook

MKJC's technical picture is currently Bearish. Price is below its 20-day average (Rs. 462.18) — short-term weakness. 20-day average is below the 50-day — medium-term trend is down. RSI is 40 — neutral momentum. MACD is below its signal line — momentum is turning down.

Key levels

The nearest resistance sits around rs. 503.87. support around rs. 434.10. Over the past year, MKJC has traded between a 52-week low of Rs. 434.10 and a high of Rs. 635.00, placing the current price at about 9% of that range.

A recent candlestick signal detected on MKJC: Inverted Hammer — Long upper wick after a fall — possible bullish reversal attempt.

This is an automated technical read from end-of-day NEPSE data, refreshed each trading day — for information only, not investment advice. New to these terms? See our RSI guide, candlestick guide and beginner's investing guide.